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المشهد العربي
Netflix shares climb after Ackman buy
Netflix's stock rose by 5.43% at the close of Thursday's trading, after Pershing Square Capital Management, owned by Bill Ackman, announced the establishment of a new stake in Netflix and an investment in the company. This purchase reduced the stock's losses since the beginning of the year to 16.55%. The fund had sold its stake in Netflix earlier in 2022 following a decline in subscriber numbers for the first time in more than a decade.
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